The company will sell the shares at a price ​up to HK$1,010 ($128.81) each, two of the sources said. That price would represent a 13.2% discount to the company's Shenzhen-listed stock's closing price on Monday. Zhongji had earlier discussed pricing the Hong Kong shares at a 15% to 20% discount to its Shenzhen stock, two sources said, before a sharp rally widened the potential discount and a recent market fall narrowed the gap between its ‌mainland-listed shares and planned Hong Kong shares. Hong Kong ​new ​listings have raised $33.8 billion so far this year, the highest for ​the same period since 2021 and more than ‌double the $16.4 billion raised a year earlier, LSEG data as of July 21 showed. They help move large amounts of data through fibre-optic cables and are used in data centers, cloud networks and AI computing systems.